The ABI has published a language guide for communicating pension freedoms with the aim of simplifying pension jargon.
While implementation of the guide is voluntary it is hoped that firms will decide to adhere to it by April 2018.
Retirement options should be described as one of the following:
-You can keep your pension pot where it is
-You can take your whole pension pot in one go
-You can take your pension pot as a number of lump sums
-You can get a flexible retirement income
-You can get a guaranteed income for life
-You can choose more than one option and you can mix them
Draft Minutes of the Association's 12th Annual General Meeting, as held on 9th October 2017, were published on 20 October 2017.Mike Morrison
16th Jan 2018 9:35 am
The AMPS Committee is very sorry indeed to learn of the death of Mike Morrison...Appointment of Officers
7th Nov 2017 4:15 pm
At the meeting of the AMPS Committee on 18th October 2017, the following appointments of Officers were confirmed...
19th Oct 2017 4:27 pm
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